GCC

Experts and research specialists from GCC countries came together on Wednesday for the 23rd GCC Society for History and Archaeology Forum in Riyadh to promote the preservation of heritage and history. “This is the 23rd edition of the…
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Cities in the Gulf Cooperation Council, with Dubai at the forefront, are poised to become top global shopping destinations, according to an industry report. This transformation is expected to significantly enhance urban gross domestic…
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Major stock markets in the Gulf tumbled on Monday, tracking Asian shares lower on fears that the US could be heading for recession, while concerns about a widening conflict in the region added to the worries. The US unemployment rate…
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Saudi Arabia’s total non-oil merchandise exports to Gulf Cooperation Council countries reached SR10.99 billion ($2.9 billion) in May, a significant increase from SR8.43 billion in the same month last year. According to preliminary data…
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Gulf Cooperation Council-based investors are expected to commit over $4 billion annually in the UK commercial property market due to favorable economic conditions, according to a new report. An analysis by the UK-based Shariah-compliant…
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Turkiye will hold the first round of negotiations of the Free Trade Agreement with Gulf Cooperation Council states during a three-day event to enhance economic exchange in goods, services, and investment. The meeting, set to be held July…
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Gulf Cooperation Council banks aim to diversify their business models and enhance profitability by entering high-growth markets such as Turkiye, Egypt and India, a new report has revealed. Fitch Ratings noted that this growing interest…
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Saudi Arabia emerged as the top issuer in the Gulf Cooperation Council bond market during the first half of 2024, raising $37 billion through 44 issuances, according to recent data. The Markaz GCC Bonds and Sukuk Market Report indicated…
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Secretary-General of the Gulf Cooperation Council Jassim Mohammed Al-Budaiwi on Tuesday in Riyadh received the recently appointed Ambassador of Uzbekistan to the Kingdom Nodirjon Turgunov. The parties looked at ties between the GCC and…
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Saudi Arabia led the Gulf Cooperation Council’s initial public offering market in the first half of 2024, raising $2.1 billion in what was an annual increase of 141 percent, an analysis has revealed. In its latest report, Kuwait…
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